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$2.5 trillion wiped off...

Posted: August 7th, 2011, 6:13 pm
by mtmynd
This is a headline I saw today (MSNBC) -

Rough week: $2.5 trillion wiped off value of world stocks
Sum is almost equivalent to the size of the entire French economy
[/b]

Where did this $2.5 trillion go?

Re: $2.5 trillion wiped off...

Posted: August 7th, 2011, 6:44 pm
by mnaz
or ...
where did it come from in the first place?

Re: $2.5 trillion wiped off...

Posted: August 7th, 2011, 7:17 pm
by mtmynd
did it go back from whence it came..? ;)

i was thinking maybe all our debts could go where this 2.5 T went.

Re: $2.5 trillion wiped off...

Posted: August 8th, 2011, 2:59 pm
by e_dog
the bubble bursts. its all a myth. money isnt real. only thought is.

Re: $2.5 trillion wiped off...

Posted: August 8th, 2011, 3:43 pm
by mtmynd
maybe i'm myth-taken but money is all i think about..!

Re: $2.5 trillion wiped off...

Posted: August 12th, 2011, 9:58 pm
by stilltrucking
Now you see it
Now you don't
I don't know where the two trillion dollars went, but it is back.
Maybe it took a week off to go to the beach :?
Dow finishes wild week on an up note
Aug. 12, 2011, 5:35 p.m. EDT
Associated Press
NEW YORK (AP) — The wildest week in Wall Street history ended with a second day of gains.

The Dow Jones industrial average finished Friday with a gain of 125 points. Most other times it would have been a fairly big day. By this week's standards, it was a sleeper. Friday capped a week when the blue-chip index had four 400-point swings in a row for the first time in its 115-year history.
http://www.cleveland.com/newsflash/inde ... 8efb5ecce4

Re: $2.5 trillion wiped off...

Posted: August 14th, 2011, 9:01 am
by mtmynd
Vacation time for the trillions (so as not to pay interest..???). ;)

Re: $2.5 trillion wiped off...

Posted: August 14th, 2011, 10:15 am
by stilltrucking
That is a good question Cecil, a very interesting question. I was thinking maybe a beach in the Grand Cayman islands where it would be less taxing on money's interest.

Money is people too, money has freedom of speech just like corporations why shouldn't money be able to take a vacation if it wants to. Mit Romney says corporations are people too. I read in the Bible that God could raise up a people out of the stones. I think he could, so why not raise up a people out of little pieces of green paper.

The thing about money is it needs transportation, that is why people need to put it in their pockets and take it to Florida, or the French Riviera. I have taken a vowel of silliness till the election is over. My sense of humor is warped I guess I should use more emoticons :lol:
This planet has - or rather had - a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movements of small green pieces of paper, which is odd because on the whole it wasn't the small green pieces of paper that were unhappy. Douglas Adams